Status Hi–Tech Expansion Project
Project Description
Status Hi-Tech, a leading Zambian PPE and firefighting equipment supplier with operations across major industrial hubs and a DRC subsidiary, seeks USD 3 million (minority stake) to expand into manufacturing, wholesaling, and export markets.
Funds will support USD 1million capex and USD 2 million working capital. With strong demand and 25%+ net profit margins, the company aims to scale its high-growth operations, especially in Chingola and Solwezi. Umlimi Trading and OTAGO plan a recycled-biomass char-briquette plant to replace unsustainable charcoal, support farmers, and reduce deforestation.
The project seeks USD150,000 (equity/debt) for equipment and capacity building. With 40% EBITDA, strong local demand, and production scaling to 720–1,440 tonnes/year (20% exports), the factory can be operational within six months.
Project Location:
Chingola and Solwezi
Lead Agency/ Project Promoter:
Status Hi-Tech Zambia Limited (Status Hi–Tech Expansion Project)
Contact
Email: Rebecca.Jangulo@zda.org.zm
Current Status/ Stage of Project:
Greenfield
Availability of Pre-feasibility Studies, Feasibility Studies, and other Studies:
Feasibility study available upon request
Estimated Cost of the Project:
USD 3 million
Investment Required
Investment into Fund Structure
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Country
Zambia
Location (s)
Chingola/ Solwezi
Sector
Manufacturing & Industry
Sub Sector
Machinery and Equipment
Investment Value Range
1-5 million USD
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